Category Archives: Change Programme

Twelve months ago managers and employees at Northern Rock could not have envisioned the situation they find themselves in this week. Working in an organisation with an aggressive growth strategy, happy customers and confident investors they did feel pressure to perform at ever higher levels, but didn’t expect to become a hot political topic. Change… Read More »

The last couple of weeks have seen unprecedented behaviour in the UK banking sector. Banks seem nervous of lending to each other, and commentators struggle to explain LIBOR, SIVs and US sub prime activity. Rumours abound and banking share prices have fluctuated wildly on an hour by hour basis. Northern Rock may feel unlucky that… Read More »